What happened in 2022 has challenged assumptions about the energy transition.
What happened in 2022 has challenged assumptions about the energy transition. Energy markets changed dramatically when the geopolitical crisis with Russia placed energy security front and center. As natural gas jumped to record prices, many gas-dependent companies and governments were forced to revisit their energy strategies.
In the second-half of 2022, Baker Hughes surveyed 555 senior executives in 21 countries who are active in energy and broader industry to find out what this means for the energy transition1 and ask: Can they balance energy security, sustainability and affordability to solve the energy trilemma?
From this research, three broad themes emerged:
Net zero is still on th
Log in to view this article.
Not Yet A Subscriber? Here are Your Options.
1) Start a FREE TRIAL SUBSCRIPTION and gain access to all articles in the current issue of Hydrocarbon Processing magazine.
2) SUBSCRIBE to Hydrocarbon Processing magazine in print or digital format and gain ACCESS to the current issue as well as to 3 articles from the HP archives per month. $409 for an annual subscription*.
3) Start a FULL ACCESS PLAN SUBSCRIPTION and regain ACCESS to this article, the current issue, all past issues in the HP Archive, the HP Process Handbooks, HP Market Data, and more. $1,995 for an annual subscription. For information about group rates or multi-year terms, contact email Peter Ramsay or call +44 20 3409 2240*.
*Access will be granted the next business day.